Dogecoin Breaks Resistance, Momentum Fuels Market Growth

A surge in the value of Dogecoin has triggered a significant market shift after the introduction of the first spot DOGE ETFs in the United States. This landmark development signifies increased institutional interest in the meme coin sector. The Grayscale GDOG fund, which launched on NYSE Arca, witnessed impressive trading volume, reaching $1.41 million despite initial lack of net inflows. Meanwhile, Bitwise’s BWOW ETF provides a structured investment avenue for DOGE, contributing to price stabilization around $0.14.